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    Pinhook Rd Lafayette, LA 70508

    Sponsored
    For Sale
    $653,400

    High-visibility retail land, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional .5-1 acre outparcel in Lafayette, Louisiana, presents a prime retail investment opportunity. Located on West Pinhook Road, the property boasts excellent visibility and accessibility, offering significant advantages for businesses seeking high traffic exposure. The asking price is $653,400, translating to $15 per square foot and $653,400 per acre. The property is zoned CH, allowing for a variety of commercial uses, including retail, medical, or office spaces. Its strategic location in South Lafayette provides easy connectivity to neighboring communities like Youngsville and Broussard, expanding the potential customer base. The site's prominent position along Pinhook Road ensures strong sightlines and high visibility, making it an ideal location for businesses aiming to establish a strong presence in a thriving market. The property's APN is 6066331. This single-tenancy property is a rare find in this desirable location and presents a compelling investment opportunity for discerning buyers. The property's location within the LACDB - G1 submarket further underscores its potential for strong returns.

    Property Features for 0 Pinhook Rd

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • Submarket: Los Angeles CBD - G1
    • High‑end finishes throughout.
    • Exceptional location in the heart of Downtown Los Angeles.
    • Modern, efficient floor plan.
    • Abundant natural light.
    • State‑of‑the‑art building amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.0037729
    Latitude
    30.1797852

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    FAQs

    What type of property is this?
    Land - High-visibility retail land, excellent location.
    Where is this land located?
    The property is located at Pinhook Rd Lafayette, LA.
    What is the asking price?
    The asking price for this property is $653,400.
    What are key features of this property?
    This property features: Submarket: Los Angeles CBD - G1; High-end finishes throughout.; Exceptional location in the heart of Downtown Los Angeles.
    Request Owner's contact information
    Pinhook Rd Lafayette, LA 70508
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Pinhook Rd Lafayette, LA 70508
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